LG acquires control of the stake in Alphonsoo TV Data and Measurement Firm

MOUNTAIN VIEW, Calif., Jan. 6, 2021 /PRNewswire/ -- LG Electronics (LG), through one of its US subsidiaries, Zenith Electronics LLC, is making a significant investment in Alphonso Inc. (Alphonso) to bring together the two TV industry leaders' technologies and innovations in LG's smart TV lineup, the companies announced. With its investment, LG will become Alphonso's largest investor with a controlling stake of more than 50 percent.
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